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Another weekend gap in SPX to keep the rally hopes alive.

Short
SP:SPX   S&P 500 Index
Broke the price trend resistance, RSI resistance, and the upper Bollinger band, through the power of gaping on the weekend! It's pretty much the action I expected, given the last couple of weeks.

2880 becomes a critical level now, with 2940 target after, but I seriously doubt we touch it before filling in this gap we just created. I'm not buying a 'new bull market' until after 2940, but that doesn't mean you can't play some trades long!

Eyes on the prize.

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